CDE signs master framework agreement with Equinor [Offshore]
COSL Drilling Europe AS (CDE) announced on May 25 that it has signed Master Framework Agreement with Equinor on the Norwegian Continental Shelf, that fully enables COSL to provide additional drilling units and services to Equinor. The agreement w...
2020-06-09 09:26:28
Niestern & joint venture signs agreement [Shipbuilding]
Royal Niestern Sander announced on June 2 that shipyard Royal Niestern Sander and a joint-venture between Mercury Sakhalin and Pola have signed an agreement for the construction of the world’s first shallow draft ice-breaking walk to work vesse...
2020-06-09 09:21:55
China builds 1st autonomous boxship [Shipbuilding]
Yangfan Shipbuilding's Qingdao Shipyard has started the construction of China's first autonomous containership.  According to industrial source and foreign media outlet, the steel-cutting ceremony for the newbuild was held on May 15. ...
2020-06-09 09:18:07
CSSC-COSCO make LNGC agreement [Shipbuilding]
Hudong-Zhonghua Shipbuilding, an affiliate of China State Shipbuilding Corporation (CSSC), made a framework agreement with its compatriot COSCO Shipping Heavy Industry for the construction and repair of LNG carriers. According to industrial so...
2020-06-09 09:17:03
YZJ wins 4 boxships from ZHS [Shipbuilding]
It emerged that Yangzijiang Shipbuilding (Holdings) Group (YZJ) has won four 1,000-teu feeder containerships from its compatriot shipping company Zhejiang Haigang Shipping (ZHS).    According to industry sources and TradeWinds, the pr...
2020-06-09 09:16:13
Idle boxship fleet hits new high [Shipping]
The number of idle containerships has risen to 551 units of a combined 2.72m teu as of 25 May, representing 11.6% of the global fleet capacity. It hit another record of 524 ships (2.65m-teu) on the 11th of the same month.   According to Al...
2020-06-09 09:14:52
Korea's ship exports risen by 36% in May [Market Information]
South Korea's exports fell by 23.7% to $34.86bn in May 2020 (year-on-year). Imports also fell by 21.1% to $ 34.42bn.    Exports slowed slightly from 25.1% drop in April, marking the second straight month of the drop in the 20% range. ...
2020-06-09 09:13:42
Korea's ship exports risen by 36% in May [Shipbuilding]
South Korea's exports fell by 23.7% to $34.86bn in May 2020 (year-on-year). Imports also fell by 21.1% to $ 34.42bn.    Exports slowed slightly from 25.1% drop in April, marking the second straight month of the drop in the 20% range. ...
2020-06-09 09:13:04
Electrifying the merchant fleet [Column/Contribution]
The time for broad-brush references to alternative energy sources has passed. If shipping is to halve its greenhouse gas (GHG) emissions in line with the International Maritime Organization’s (IMO) target for 2050, owners need precise guidance ...
2020-06-08 11:26:27
DSHV creates 24/7 Covid-19 disinfection service [General]
Damen Shiprepair Harbour & Voyage (DSHV), the mobile ship repair squad of Damen Shiprepair & Conversion, announced on June 3 that it has created a 24/7 Covid-19 Disinfection Service for ships. DSHV has sought to maintain service to its cl...
2020-06-08 09:34:51
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